CHESHIRE, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE FOUNDATION FOR A CURE FOR MITOCHONDRIAL DISEASE INC, founded in 2000, is a small nonprofit in the Medical Research sector that reported $368K in total revenue in fiscal year 2024. Revenue surged 83% from the prior year, signaling strong growth momentum. Net assets of $3.8M represent 124 months of operating reserves.
THE FOUNDATION FOR A CURE FOR MITOCHONDRIAL DISEASE, INC. EXISTS TO SUPPORT RESEARCH TO FIND MEDICAL HOPE FOR CHILDREN AND ADULTS AFFLICTED WITH VARIOUS FORMS OF MITOCHONDRIAL DISEASE. TO THAT END, THE FOUNDATION STUDIES VARIOUS RESEARCH PROJECTS BEING CONSIDERED OR CONDUCTED AROUND THE UNITED STATES AND HELPS TO FUND THE PROGRAMS FOUND MOST PROMISING.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $368,254 | $200,925 | +0.8% |
| Expenses | $383,354 | $104,678 | +2.7% |
| Net Income | $-15,100 | $96,247 | -1.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| WILLIAM CUNNINGHAM | PRESIDENT | 3.00 |
Officer
Director
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$0 | $0 | $0 |
| SANDRA CUNNINGHAM | VICE PRESIDE | 2.00 |
Officer
Director
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$0 | $0 | $0 |
| WILLIAM PATRICK BALCH | TREASURER | 2.00 |
Officer
Director
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$0 | $0 | $0 |
| GREGG T CUNNINGHAM | SECRETARY | 1.00 |
Officer
Director
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$0 | $0 | $0 |
| GREGORY M EVEN | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| MYLES GIBBONS | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| JAMES DAVIS | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| DEAN MONLLOSS | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| TIMOTHY JENSEN | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $368,254 | $383,354 | $3,811,700 | $-15,100 |
| 2023 | $200,925 | $104,678 | $3,465,961 | $96,247 |
| 2022 | $222,742 | $168,698 | $3,067,635 | $54,044 |
| 2021 | $277,765 | $171,800 | $3,406,125 | $105,965 |
| 2020 | $163,540 | $96,770 | $3,112,193 | $66,770 |
| 2019 | $293,251 | $99,323 | $2,936,534 | $193,928 |
| 2018 | $306,349 | $301,336 | $2,504,387 | $5,013 |
Compare THE FOUNDATION FOR A CURE FOR MITOCHONDRIAL DISEASE INC with other nonprofits in Connecticut and across the country.